Phoenix Ebitda vs Other Operating Expenses Analysis

PEV Stock  USD 0.34  0.02  6.25%   
Phoenix financial indicator trend analysis is much more than just breaking down Phoenix Motor Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix Motor Common is a good investment. Please check the relationship between Phoenix Ebitda and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Motor Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Ebitda vs Other Operating Expenses

Ebitda vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix Motor Common Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Phoenix's Ebitda and Other Operating Expenses is -0.95. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Phoenix Motor Common, assuming nothing else is changed. The correlation between historical values of Phoenix's Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Phoenix Motor Common are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., Phoenix's Ebitda and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Phoenix Motor Common. It is also known as Phoenix overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Phoenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Motor Common current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Motor Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Phoenix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 57.4 M in 2024, whereas Tax Provision is likely to drop slightly above 15.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3K7K606K636.3K
Depreciation And Amortization1.7M2.3M2.0M1.7M

Phoenix fundamental ratios Correlations

-0.230.010.010.97-0.070.910.090.06-0.740.930.160.850.85-0.410.85-0.44-0.84-0.340.15-0.85-0.870.910.110.85-0.56
-0.230.820.75-0.27-0.830.06-0.35-0.790.74-0.340.65-0.50.090.88-0.5-0.46-0.110.110.890.290.05-0.350.890.09-0.46
0.010.820.750.01-0.490.210.06-0.680.6-0.070.66-0.40.330.83-0.4-0.39-0.260.240.720.15-0.09-0.250.710.22-0.6
0.010.750.750.02-0.640.36-0.55-0.940.370.020.96-0.130.150.49-0.13-0.8-0.35-0.420.84-0.05-0.12-0.070.850.4-0.64
0.97-0.270.010.02-0.020.920.080.0-0.710.990.210.790.88-0.460.79-0.47-0.89-0.350.11-0.92-0.920.830.080.89-0.63
-0.07-0.83-0.49-0.64-0.02-0.380.650.78-0.380.01-0.650.12-0.3-0.50.120.70.410.24-0.940.130.310.0-0.94-0.420.6
0.910.060.210.360.92-0.38-0.24-0.34-0.540.90.520.720.87-0.260.72-0.76-0.96-0.530.48-0.89-0.920.790.450.98-0.8
0.09-0.350.06-0.550.080.65-0.240.67-0.040.0-0.61-0.110.130.1-0.110.730.220.78-0.560.210.12-0.05-0.59-0.310.29
0.06-0.79-0.68-0.940.00.78-0.340.67-0.47-0.02-0.950.24-0.19-0.470.240.830.410.39-0.880.130.210.19-0.9-0.430.72
-0.740.740.60.37-0.71-0.38-0.54-0.04-0.47-0.730.24-0.95-0.330.87-0.950.10.40.520.390.680.49-0.880.42-0.46-0.03
0.93-0.34-0.070.020.990.010.90.0-0.02-0.730.230.790.84-0.550.79-0.5-0.89-0.440.08-0.96-0.920.80.050.89-0.63
0.160.650.660.960.21-0.650.52-0.61-0.950.240.23-0.010.30.32-0.01-0.9-0.55-0.530.83-0.29-0.330.030.840.58-0.78
0.85-0.5-0.4-0.130.790.120.72-0.110.24-0.950.79-0.010.46-0.721.0-0.34-0.56-0.61-0.09-0.74-0.610.98-0.130.64-0.18
0.850.090.330.150.88-0.30.870.13-0.19-0.330.840.30.46-0.050.46-0.48-0.92-0.060.38-0.79-0.940.580.350.87-0.81
-0.410.880.830.49-0.46-0.5-0.260.1-0.470.87-0.550.32-0.72-0.05-0.72-0.010.20.540.580.590.31-0.560.58-0.25-0.18
0.85-0.5-0.4-0.130.790.120.72-0.110.24-0.950.79-0.011.00.46-0.72-0.34-0.56-0.61-0.09-0.74-0.610.98-0.130.64-0.18
-0.44-0.46-0.39-0.8-0.470.7-0.760.730.830.1-0.5-0.9-0.34-0.48-0.01-0.340.750.73-0.790.590.6-0.37-0.8-0.810.82
-0.84-0.11-0.26-0.35-0.890.41-0.960.220.410.4-0.89-0.55-0.56-0.920.2-0.560.750.43-0.490.910.97-0.62-0.47-0.990.9
-0.340.110.24-0.42-0.350.24-0.530.780.390.52-0.44-0.53-0.61-0.060.54-0.610.730.43-0.270.550.34-0.52-0.27-0.540.3
0.150.890.720.840.11-0.940.48-0.56-0.880.390.080.83-0.090.380.58-0.09-0.79-0.49-0.27-0.15-0.330.041.00.51-0.73
-0.850.290.15-0.05-0.920.13-0.890.210.130.68-0.96-0.29-0.74-0.790.59-0.740.590.910.55-0.150.94-0.73-0.13-0.910.66
-0.870.05-0.09-0.12-0.920.31-0.920.120.210.49-0.92-0.33-0.61-0.940.31-0.610.60.970.34-0.330.94-0.67-0.31-0.940.79
0.91-0.35-0.25-0.070.830.00.79-0.050.19-0.880.80.030.980.58-0.560.98-0.37-0.62-0.520.04-0.73-0.67-0.010.69-0.27
0.110.890.710.850.08-0.940.45-0.59-0.90.420.050.84-0.130.350.58-0.13-0.8-0.47-0.271.0-0.13-0.31-0.010.49-0.72
0.850.090.220.40.89-0.420.98-0.31-0.43-0.460.890.580.640.87-0.250.64-0.81-0.99-0.540.51-0.91-0.940.690.49-0.87
-0.56-0.46-0.6-0.64-0.630.6-0.80.290.72-0.03-0.63-0.78-0.18-0.81-0.18-0.180.820.90.3-0.730.660.79-0.27-0.72-0.87
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Phoenix Account Relationship Matchups

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